Home Prices Accelerate In December

CoreLogic’s home price index increased 0.8 percent during December and was up 7.2 percent from a year ago.

MarketWatch reports that December was the fifth consecutive month with year-over-year price rises, likely due to a low housing supply.

There are some familiar faces among the states with the strongest price appreciation: prices rose 10.8% in Washington and 10.3% in Oregon. But they were stronger in Idaho, at 9.0%, than in Colorado, which saw a gain of 8.9%.